What's New in Data Reporting and Analytics

Analytics technology is one of those fields where being a few years behind feels more like being a few decades behind. In other words, innovation is always marching forward. To stay competitive, companies need to keep up with what’s new in data reporting and analytics.

It was impressive when the time for a report shrank from weeks or months to hours or days. If your company is still relying on legacy business intelligence software, these may still be your expectations. But new advances have made data insights faster, more accessible and easier to share.

Data Democratization

Close your eyes. Imagine a world where any end user can pull the answers they need from stored company data. Now open your eyes, because it’s already possible. ThoughtSpot allows millions of end users to utilize search- and AI-driven analytics technology. There’s no longer a need for data and IT specialists to run the reports and relay the information; anyone with permission can now act as their own data analyst.

Artificial Intelligence Machine Learning

The SpotIQ AI Engine uses algorithms, like AI machine-learning, to uncover insights in seconds. End users can now accomplish in one click what used to take teams of trained human analysts much longer to produce.

But humans still play a key role in improving these algorithms with each use. End users offer feedback about insight usefulness to teach the machine what’s relevant.

Real-Time Analytics

Remember the days of static reports? By the time everyone got a copy, the information was already becoming outdated. Real-time analytics now provide a timely look at data, so employees and leaders can make quicker decisions. For example, an end user can use the Relational Search Engine to answer a query in seconds. Insights come back in the form of an automatic data visualization model, meaning users can avoid the hassle of creating manual charts to show their work.

Embedded Dashboard Reporting and Analytics

The latest in dashboard reporting software allows users to quickly embed and share their findings into business applications and portals, including:

Search-driven analytics

Custom charts and graphs

Entire in-depth dashboards

Data APIs

Want to see the latest reporting and analytics technology in action? Get started with a ThoughtSpot demo.